News
Highlights of the Union Budget for 2019-20 (Apr-Mar), presented by Finance Minister Nirmala Sitharaman in Lok Sabha:
DIRECT TAX * Increasing surcharge on income over 20 million rupees/year * Faceless tax scrutiny case selection to be on random basis * Propose 2% TDS on 10 million rupee/yr cash withdrawal from banks * Propose to take slew of measures to boost digital payments * Launching automated, faceless assessment…